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Remote online notarization is the proper path forward for digital closings

Housing Wire

One area in the mortgage and real estate industry that has been evolving for nearly two decades is digital closings. Much like efforts to achieve full self-driving vehicles, the road to achieve full digital closings has been bumpy. E-mortgage volume spikes. History of ‘e’. Treasury recommends standardization.

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Side’s Hilary Saunders discusses the evolution of brokerage models

Housing Wire

Photo credit: AJ Canaria Hilary Saunders , the co-founder and chief broker officer at Side , sees the current challenges facing the real estate industry as yet another opportunity for brokerage models to further evolve. “I Through this, Saunders said, consumers began to realize the importance of staging, photography and online marketing.

Brokerage 414
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Williston Financial Group’s MyHome acquires Volly

Housing Wire

Williston Financial Group is closing out 2023 with yet another acquisition. The firm announced Thursday that MyHome , a WFG subsidiary, has acquired technology and marketing services provider Volly. The financial terms of the deal were not disclosed. Launched in 2004, 10 of the nation’s top 30 banks work with Volly.

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How Technology Has Changed the Real Estate Industry

Realty Biz

As with most things, COVID slammed the real estate industry to a halt before being thrust into some fast changes. There’s a lot of opportunity with both residential and commercial properties to use today’s technology in real estate. Many industries had been resistant to the evolution from wet signatures to e-signatures.

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Loan buybacks haven’t disappeared, but they are trending down

Housing Wire

The Urban Institute report, published in November 2023, shows that the average number of months from origination to repurchase between 2005 to 2008 (prior to and during the early stages of the global financial crisis ) was 46 months for Freddie Mac and 52 months for Fannie Mae. That’s a much better outcome and solution for the industry.”

Loans 414
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SimpleNexus integrates with Empower, Black Knight’s LOS

Housing Wire

Black Knight is continuing to help transform the mortgage industry by providing lenders with advanced technology capabilities to help streamline their operations and enhance the borrower experience,” said Rich Gagliano , president of origination technologies at Black Knight. “We

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From reactive to proactive: reshaping QC for today’s mortgage landscape

Housing Wire

The mortgage industry has witnessed its fair share of tribulations and transformations, but its response to those challenges and changes is often a tale of reactiveness. Regulatory changes, digitalization and the lending cycle are a few classic instances where the industry is often caught in a reactionary state.

Mortgages 414